Thursday, March 25, 2010

How’s your recovery?

I don’t know about your experience, but from where I sit (at a machine vision end-user,) the recovery is looking pretty darned steep. Right now it seems like everyone and his brother are out shopping for cameras, lights and lenses, with the result that everything is backordered. Apparently, back in the dark days of 2009 (remember those?) everyone was so full of doom and gloom that they all ran down their inventories (which of course turned what would have been a dip into a full-blown recession,) and the result of all that panic is that now they can’t satisfy demand.

But strangely enough, my rosy view from the frontline is somewhat at odds with what the experts say is happening. In recent days I’ve read two reports that talk about a gradual recovery. One, from the UK firm IMS Research and published on Vision & Sensors dot com, says, “it is most likely that recovery will be steady rather than meteoric.”

The other, which I’m afraid to say I cannot now locate, came from the Automated Imaging Association. They came to the same opinion as IMS in that they too foresee a slow recovery (though as I’m working from memory it’s possible I misunderstood.)

In any event, I think this just confirms the old saying about how economists correctly predicted six of the last five recessions.

2 comments:

Anonymous said...

Another more likely reason is that manuafacturers are just not carrying as much stock as in the past. With cut backs in production and staff the consequence is longer lead times for delivery.. Having said that we too have seen customers starting to loosen their money belts with regards to captial purchase acquistions.

Anonymous said...

Manufacturers did cut their production basically in half towards the end of last year. As a manufacturer's distributor we are trying to remind our vendors that if our customers can't get product in a timely manner then they will absolutely go and try to spec in a new camera that they can get their hands on